LME Clear announced the appointment of Julie Carruthers as interim chair of the board on Friday, effective 1 January 2026, following the planned retirement of current chair David Warren at the end of this year.
Carruthers, who currently serves as senior independent director, joined the LME Clear board in 2022 and brings more than 30 years of experience in financial services.
Her background includes senior roles at TP ICAP and UK Finance, with particular expertise in market infrastructure, post-trade operations and regulatory engagement.
The appointment comes as LME Clear continues to advance its clearing modernisation strategy and respond to evolving customer demand across the global metals market.
Chief executive Michael Carty said Carruthers is “extremely well-positioned” to lead the business, citing her experience in electronic trading and clearing operations.
Warren, who joined LME Clear in 2023, oversaw a period of growth and led the delivery of an action plan aimed at strengthening the organisation’s resilience and strategic direction.
Carty thanked him for his leadership, saying the business had made “huge progress” under his stewardship.
Carruthers stated that she was honoured to take on the interim role at a “pivotal time” for the metals industry, adding that the company is now ready to accelerate innovation and broaden its offering following the successful completion of its resilience programme.
